ESL Steel Peer Comparison

NSE: ELECTROSL | BSE: 533264

₹31.00

₹-1.60 (-4.91%)

As on 12-Dec-2018IST

Market cap

₹6,091 Cr

Revenue (TTM)

₹7,475 Cr

P/E Ratio

2.2

P/B Ratio

1.8

Div. Yield

0 %

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	ESL Steel	Maharashtra Seamless	Man	Venus Pipes	Electrosteel Castings
Market cap (₹ Cr)	6,091	9,521	7,267	4,443	4,439
Revenue (₹ Cr)	7,475	4,620	3,875	1,211	5,786
Net Profit (₹ Cr)	-1,168.37	751.25	204.30	103.61	120.76
Net Margin (%)	-15.52	14.96	5.26	8.48	2.01
RoE (%)	-31.19	11.00	10.08	16.28	2.49
Price to Earnings	2.23	12.91	35.57	42.88	36.78
Price-To-Book	1.85	1.33	3.40	6.39	0.74

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	ESL Steel	Maharashtra Seamless	Man	Venus Pipes	Electrosteel Castings
Operating Revenue	7,475.18	4,674.34	3,563.90	1,166.85	5,918.02
Total Income	7,530.36	5,061.92	3,592.48	1,178.48	6,165.19
Total Expenditure	7,308.64	3,993.14	3,124.59	976.27	5,591.64
EBITDA	166.53	681.20	439.30	190.58	326.39
Depreciation	444.23	110.15	78.92	23.58	172.56
EBIT	-277.70	571.05	360.38	167.00	153.83
Interest	360.93	2.57	152.03	40.84	143.74
Other Income	55.18	387.58	28.59	11.63	247.16
Exceptional Items	-55.42	-3.04	--	-0.46	-38.38
Profit before Tax	-638.87	939.42	236.94	137.33	218.87
Provision for Tax	529.50	238.39	66.45	35.37	57.39
Profit after Tax	-1,168.37	701.03	170.49	101.96	161.48

Liabilities (₹ Cr)

	ESL Steel	Maharashtra Seamless	Man	Venus Pipes	Electrosteel Castings
Shareholder's Funds	3,160.21	6,876.45	2,086.54	668.48	5,923.32
Minority Interest	--	--	--	--	1.04
Non-Current Liabilities	533.12	470.34	336.71	112.00	1,190.15
Current Liabilities	5,520.40	392.25	2,597.36	534.29	2,346.92
Total Liabilities	10,969.52	7,739.04	5,020.61	1,314.77	9,461.44

Assets (₹ Cr)

	ESL Steel	Maharashtra Seamless	Man	Venus Pipes	Electrosteel Castings
Non-Current Assets	7,658.42	2,181.40	1,487.52	560.64	4,759.89
Current Assets	1,555.31	5,557.64	3,533.09	754.13	4,701.55
Total Assets	10,969.52	7,739.04	5,020.61	1,314.77	9,461.44
Total Debt*	4,008.33	13.36	499.62	285.53	1,512.67
Net Current Assets	-3,965.09	5,165.39	935.74	219.84	2,354.63
Contingent Liabilities	58.17	681.22	221.78	23.57	177.59

Cashflow (₹ Cr)

	ESL Steel	Maharashtra Seamless	Man	Venus Pipes	Electrosteel Castings
Cash From Operating Activities	240.39	932.80	472.22	112.42	1,146.63
Cash Flow from Investing Activities	-343.50	-774.30	-593.92	-202.82	-135.90
Cash from Financing Activities	117.07	-122.80	135.99	93.65	-900.37
Net Cash Inflow / Outflow	13.95	35.70	14.29	3.25	110.37

Ratios

Profitability Ratios

	ESL Steel	Maharashtra Seamless	Man	Venus Pipes	Electrosteel Castings
ROCE (%)	-3.84	14.25	16.73	21.25	4.75
ROE (%)	-31.19	10.62	9.28	17.17	2.76
ROA (%)	-13.11	9.49	3.87	8.75	1.69
EBIT Margin (%)	2.97	22.86	13.13	17.33	9.69
Net Margin (%)	-15.52	13.85	4.75	8.65	2.62
Cash Profit Margin (%)	-9.69	17.35	7.00	10.76	5.64

Growth Ratios

	ESL Steel	Maharashtra Seamless	Man	Venus Pipes	Electrosteel Castings
Revenue Growth (%)	-8.25	-11.28	1.67	21.73	-19.15
EBIT Growth (%)	-59.69	-4.36	31.32	13.44	-50.51
Net Profit Growth (%)	-338.92	-9.82	11.30	9.77	-77.25
EPS Growth (%)	-338.93	-9.80	-3.94	8.26	-77.25
Book Value Growth (%)	-27.03	8.47	30.13	28.71	2.45

Valuation Ratios

	ESL Steel	Maharashtra Seamless	Man	Venus Pipes	Electrosteel Castings
Price / Earnings	0.00	10.70	14.00	18.14	28.19
Price / Book Value	0.00	1.09	1.15	2.77	0.77
Dividend Yield (%)	--	1.79	0.00	0.11	1.22
EV/EBITDA	25.53	6.96	4.76	10.41	9.99
Market Cap (₹ Cr)	0.00	7,504.19	2,386.03	1,849.34	4,550.96

Solvency Ratios

	ESL Steel	Maharashtra Seamless	Man	Venus Pipes	Electrosteel Castings
Debt to Equity	1.27	0.00	0.24	0.43	0.26
Short term debt to equity ratio	0.49	0.00	0.06	0.25	0.18
Current Ratio	0.28	14.17	1.36	1.41	2.00
Quick Ratio	0.13	11.27	0.77	0.69	0.98
Interest Coverage	-0.77	366.53	2.56	4.36	2.52

Operating Efficiency Ratios

	ESL Steel	Maharashtra Seamless	Man	Venus Pipes	Electrosteel Castings
Debtors to sales (%)	0.71	12.08	28.33	22.27	18.09
Asset Turnover	0.84	0.63	0.81	1.00	0.62
Receivable days	3.61	47.56	97.59	70.67	78.74
Inventory Days	45.01	96.84	143.56	114.12	149.94
Payable days	67.01	24.77	218.76	127.24	61.52
Cash Conversion Cycle	-18.39	119.63	22.39	57.56	167.16

Annual
Quarterly